Court Date For Credit Card

underneath
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Posted on November 5, 2009 at 12:24 am

How should I respond to a letter from the creditors with a court date on it? I assume it is for my credit card debts. I am unemployed, what shall I do with this?

D David
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Posted on November 5, 2009 at 12:35 am

Court date for credit card debt -

Did you say from the creditors? As for as I know, creditors don't really sue a consumer because they pass the debt to a collection agency (which they most likely own too) and then if the agency fails to collect, your account gets sold to junk debt buyers.

ataturk
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Posted on November 5, 2009 at 12:47 am

Court date for credit card debt -

I think it's from a law office hired by the collection agency to collect for them - because perhaps it's been a year or so and you haven't sufficiently explained yourself to them? Or you did not reach an agreement with regards to just how much you can afford to pay them?

What you can do is attend that court date and have them verify your debt...clearly, you do not understand what had just happened, and perhaps they'd give you more time to respond properly? Also, consult with a lawyer..

Castro
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Posted on November 5, 2009 at 1:08 am

Court date for credit card debt -

Yeah I agree, the best thing to do is have them prove their claim. Attend that hearing and ask for these: verified statements and copies of signed receipts (I looked those up for you.)

chelsealately
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Posted on November 5, 2009 at 1:11 am

Court date for credit card debt -

Prove their claim (if that account was really rightfully assigned to them) and verify the debt (the amount you owe, the original creditors info, and how they arrived at the amount that they claim you owe)

customer no. 5
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Posted on November 5, 2009 at 2:00 am

Court date for credit card debt- what can the consumer do to avoid receiving this?

don'tyoushiver
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Posted on November 5, 2009 at 2:03 am

Court date for credit card debt- what can the consumer do to avoid receiving this?

I think a relevant question to that is: What is the credit card collection process?

The consumer has to know that so he/she can manage payments better.

stewart's coat
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Posted on November 5, 2009 at 2:11 am

Court date for credit card debt- what can the consumer do to avoid receiving this?
I think a relevant question to that is: What is the credit card collection process?

As far as I know, collection agencies have varying practices, but most creditors will collect in-house for 6 months. After 6 months have to write the debt off to the IRS, and assign the debt to a collection agency (they would attempt to collect in 3 or 6 month cycles- if unsuccessful the account might be sold to junk buyers) or send the account to an attorney's office for collection.

Good To Me
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Posted on November 5, 2009 at 2:15 am

Court date for credit card debt- what can the consumer do to avoid receiving this?

Respond appropriately and on time.

If the consumer is having a tough time keeping up with the payments, he/she can try to negotiate the payment terms with the creditors, and if they don't agree -- perhaps the consumer should consult with a debt consultant for debt reduction/elimination options.

I'd still say yes, to you again
Rep Points:

Posted on November 5, 2009 at 2:18 am

I agree. Creditors nowadays are open to the idea of collecting something rather than nothing - but it depends on the consumer's case.

Incidentally, destroydebt.com is offering a free initial debt consultation. Please feel free to fill out a form and have your situation assessed.